Forex News Daily Analysis By FXGlory

[FXGlory Ltd]

EURUSD H4 Daily Technical and Fundamental Analysis for 07.24.2025





Time Zone: GMT +3
Time Frame: 4 Hours (H4)


Fundamental Analysis:
The EUR/USD currency pair today faces key economic indicators from both the Eurozone and the United States, potentially driving volatility. The upcoming releases include consumer sentiment from NIQ, unemployment rates, and several critical PMI readings from S&P Global, expected to significantly impact the EUR’s strength. Similarly, the USD may experience volatility with upcoming PMI data from manufacturing and services sectors and new home sales data. Traders should closely monitor these releases as they provide insight into economic health and consumer confidence, influencing the short-term direction of EUR-USD.


Price Action:
The EUR vs. USD H4 analysis indicates a robust bullish price action. After a prolonged corrective move, price reacted positively to the long-term ascending trendline support, recently breaking above the correction’s resistance line. The clear bullish candle breakout suggests strong bullish momentum. Moreover, given the RSI divergence confirming the bullish strength, the previous swing high before the correction emerges as a probable price target.


Key Technical Indicators:
Parabolic SAR: The Parabolic SAR indicator has shifted below the current price action, confirming bullish momentum. Dots positioned beneath candlesticks indicate a clear upward trend continuation signal for EURUSD on the H4 timeframe.
RSI (Relative Strength Index): RSI stands at approximately 69.36, nearing overbought conditions but notably displaying a bullish divergence against recent price lows. This divergence underlines solid bullish momentum, suggesting potential further gains before significant corrections.
Stochastic Oscillator: The Stochastic Oscillator, currently around 89.99, indicates strongly overbought conditions. Despite this, it continues to reflect bullish strength. Traders should remain vigilant for possible short-term retracements due to overextended price conditions.


Support and Resistance:
Support: Immediate support is located at the recent breakout point near 1.1665, aligning with the ascending trendline support.
Resistance: Initial resistance is observed at the recent swing high around 1.1795; overcoming this level could open the pathway toward higher resistance at approximately 1.1845.


Conclusion and Consideration:
The EUR/USD H4 timeframe technical analysis favors bullish continuation, supported by decisive price action and confirming indicators like RSI divergence and Parabolic SAR signals. Despite strong bullish sentiment, traders should exercise caution considering the overbought signals from the Stochastic oscillator. Upcoming economic releases for EUR and USD warrant careful attention due to their potential to create substantial volatility and directional changes.


Disclaimer: The analysis provided for EUR/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
07.24.2025

 

[FXGlory Ltd]

BTCUSD H4 Technical and Fundamental Analysis for 07.25.2025

Time Zone: GMT +3
Time Frame: 4 Hours (H4)


Fundamental Analysis:
BTC-USD price dynamics today could be influenced significantly by the USD economic data release from the Census Bureau regarding Durable Goods Orders and Core Durable Goods Orders (excluding transportation). Historically, stronger-than-expected data is supportive of the US Dollar, potentially applying downward pressure on BTCUSD prices. Traders should closely monitor today's release, as robust economic data could trigger volatility, influencing both USD strength and risk appetite among cryptocurrency investors.


Price Action:
BTC USD analysis on the H4 chart shows the formation of a classic descending triangle following the recent All-Time High (ATH) around $123,000. This typically bearish formation signals potential downside risk and a possible correction toward the previous breakout level around $111,700. Currently, BTC vs. USD price action is testing a critical uptrend support line, presenting a pivotal decision point. Traders must monitor which trendline breaks first, as a decisive move could set the tone for the near-term BTCUSD direction.


Key Technical Indicators:
Parabolic SAR: The Parabolic SAR indicator is currently plotting dots above the recent candles, indicating a bearish sentiment in BTCUSD’s short-term price action. Traders may interpret this as a potential indication for continuation of the corrective move.
RSI (Relative Strength Index): RSI is currently around 52, situated near the midpoint, indicating neutral momentum in BTCUSD price. This positioning suggests that the market is undecided, making a breakout above or below current trendlines more impactful.
MACD (Moving Average Convergence Divergence): The MACD histogram and signal line are hovering around the zero level, signaling a neutral momentum for BTC-USD. This equilibrium indicates that market participants are awaiting stronger directional cues before committing.


Support and Resistance:
Support: The immediate and critical support lies at the ascending trendline around $118,200. A break below this could accelerate the move toward the major support at the previously broken resistance level near $111,700.
Resistance: Key resistance is located at the recent ATH around $123,000. A bullish breakout above this resistance could signal renewed upward momentum and target fresh highs.


Conclusion and Consideration:
BTC USD is at a critical juncture on the H4 chart, with significant uncertainty as indicated by neutral technical indicators like RSI and MACD. The bearish formation of the descending triangle is balanced by strong ascending trendline support. Today's USD economic data, particularly Durable Goods Orders, may serve as a catalyst for volatility, and traders should carefully manage risk accordingly. It is prudent to wait for a confirmed breakout in either direction before initiating new positions.


Disclaimer: The analysis provided for BTC/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on BTCUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
07.25.2025

 

[Eustance Isbor]

Thanks for the insightful EURJPY analysis! The consolidation pattern between Bollinger Bands and the shift in Parabolic SAR signals are particularly useful. The lack of strong directional bias makes sense, and I agree - waiting for a confirmed breakout or sustained SAR trend is wise. Looking forward to your next update to see if the bullish reversal gains momentum. Keep up the great technical analysis!

 

[FXGlory Ltd]

ETHUSD H4 Technical and Fundamental Analysis for 07.28.2025

Time Zone: GMT +3
Time Frame: 4 Hours (H4)


Fundamental Analysis:
Today, ETH/USD market participants should closely monitor two major economic events influencing volatility. The US and EU have finalized a trade deal, imposing a 15% US tariff on most EU exports, including critical sectors like automobiles, pharmaceuticals, and semiconductors. While lower than the initially proposed 30%, the continued 50% tariff on steel and aluminum may induce market caution. Additionally, significant attention is on the upcoming US-China tariff negotiations in Stockholm. A positive outcome from these talks could ease investor tensions and boost risk assets such as Ethereum, supporting further bullish sentiment for ETH-USD.


Price Action:
Technical analysis of ETH USD on the H4 timeframe shows a bullish momentum reasserting itself. After failing to break the crucial resistance level of 3825 initially, ETH/USD underwent an 8% price correction, finding strong buying pressure at the ascending support line. Currently, ETH-USD is again challenging the 3825 level with renewed strength, indicating strong bullish intent. Should the price decisively close above this key resistance, a further move toward the 4100 area is expected.


Key Technical Indicators:
Parabolic SAR: ETHUSD’s Parabolic SAR dots have shifted below the candlesticks, signaling a fresh bullish phase and suggesting that upward momentum will likely persist in the short term.
RSI (Relative Strength Index): The RSI currently hovers around the 64.47 level. There is clear bullish divergence signaling sustained buying interest and room for ETHUSD to extend gains without immediate risk of overbought conditions.
MACD (Moving Average Convergence Divergence): The MACD indicator registers positive values at approximately 39.378 and 35.965, with the MACD line above the signal line. This alignment underscores increasing bullish momentum, reinforcing the likelihood of price continuation upward.
Stochastic Oscillator: ETH-USD’s stochastic oscillator currently stands at approximately 70.30 and 60.14. This indicator further supports bullish momentum, although traders should remain vigilant for potential short-term pullbacks, particularly near resistance.


Support and Resistance:
Support: Immediate key support lies at 3600, reinforced by the ascending trendline.
Resistance: Critical immediate resistance is positioned at 3825, with further resistance projected around the psychological level of 4100.


Conclusion and Consideration:
ETHUSD’s H4 technical chart analysis strongly favors continued bullish price action, supported by bullish signals across the Parabolic SAR, RSI, MACD, and stochastic indicators. With supportive fundamental developments anticipated from US-China tariff negotiations and stabilized US-EU trade relations, ETH vs. USD has favorable conditions for breaking higher. However, traders must remain cautious near key resistance levels and closely watch upcoming economic news developments that may significantly influence market volatility.


Disclaimer: The analysis provided for ETH/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on ETHUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
07.28.2025